Romanian media

Planorama enters insolvency- in Ziarul Financiar

Patriciu builds office building in Bucharest's most...

The Iraq Wheat Council has bought 50,000 tonnes of wheat from Romania for around USD 13 million, according to Reuters newswire. This means Romania sold wheat at a price of USD 258 per ton.

International chain Domino's Pizza will enter the Romanian market through a franchise taken by the Radacini car dealership, according to Ziarul Financiar, quoting sources on the market. The new franchise will be launched next month, when it will open a delivery center in the Northern part of Bucharest, becoming a competitor for Pizza Hut chain.

Banca Comercial Romana (BCR) will restructure loans for its customers who can't keep up with paying their bills, mainly targeting the state budget employees, but including all customers who have seen decreasing revenues. These employees make up to 30 percent of the bank's customers.

BMW sold 689 cars in Romania in the first half of this year and will launch the second generation of the BMW X3 car (in...

Romania's railway network was labeled in a catastrophic state due to lack of interest by authorities in a recent article by the Associated France Press. With the number of cars tripling in the last 20 years in Romania and with the degrading railways in the country, fewer and fewer passengers are choosing to ride the trains run by state-owned CFR. The company itself has been posting losses and has decided to increase the cost of a train ticket to somehow balance the loss.

Proffice, a company in the RTC group, expects to reach a ten percent market share on the encapsulated coffee products for office consumption in the next two years, a market with a potential of EUR 10 million, according to the company.

The recent International Monetary Fund and European Union announcement that they have halted talks with the Hungarian government which were supposed to unlock a new loan installment for the country has sent the Hungarian currency down on Monday, according to international media.

Former soccer player and current investor Gica Popescu (in picture) will invest EUR 10 million in a retail center in Rahova area of Bucharest, which will be called Doldora Bazaar, the businessman has announced. The retail center, which will sell both en-gross and en-detail products, will be built on the premises of a former industrial platform in the city.

The energy consumption in Romania, which was down in Romania last year on the previous, has actually managed to increase in the first seven months of this year, by 5.23 percent, compared to the same period of last year.

Romanian media

Planorama enters insolvency- in Ziarul Financiar

Patriciu builds office building in Bucharest's most...

The Iraq Wheat Council has bought 50,000 tonnes of wheat from Romania for around USD 13 million, according to Reuters newswire. This means Romania sold wheat at a price of USD 258 per ton.

International chain Domino's Pizza will enter the Romanian market through a franchise taken by the Radacini car dealership, according to Ziarul Financiar, quoting sources on the market. The new franchise will be launched next month, when it will open a delivery center in the Northern part of Bucharest, becoming a competitor for Pizza Hut chain.

Banca Comercial Romana (BCR) will restructure loans for its customers who can't keep up with paying their bills, mainly targeting the state budget employees, but including all customers who have seen decreasing revenues. These employees make up to 30 percent of the bank's customers.

BMW sold 689 cars in Romania in the first half of this year and will launch the second generation of the BMW X3 car (in...

Romania's railway network was labeled in a catastrophic state due to lack of interest by authorities in a recent article by the Associated France Press. With the number of cars tripling in the last 20 years in Romania and with the degrading railways in the country, fewer and fewer passengers are choosing to ride the trains run by state-owned CFR. The company itself has been posting losses and has decided to increase the cost of a train ticket to somehow balance the loss.

Proffice, a company in the RTC group, expects to reach a ten percent market share on the encapsulated coffee products for office consumption in the next two years, a market with a potential of EUR 10 million, according to the company.

The recent International Monetary Fund and European Union announcement that they have halted talks with the Hungarian government which were supposed to unlock a new loan installment for the country has sent the Hungarian currency down on Monday, according to international media.

Former soccer player and current investor Gica Popescu (in picture) will invest EUR 10 million in a retail center in Rahova area of Bucharest, which will be called Doldora Bazaar, the businessman has announced. The retail center, which will sell both en-gross and en-detail products, will be built on the premises of a former industrial platform in the city.

The energy consumption in Romania, which was down in Romania last year on the previous, has actually managed to increase in the first seven months of this year, by 5.23 percent, compared to the same period of last year.